Zumper

700 E Algonquin Rd
700 E Algonquin Rd, Schaumburg, IL 60173, USA

House for rent
Monthly rent
$1,863–$2,539
Beds1–2
Baths1–2
Sqft725–1,130
modified
5+ Days Ago

Property Overview

Conveniently located with a clubhouse, this property features an on-site pool and fitness center, highlighting its appeal for fitness and wellness enthusiasts. Its proximity to top-rated schools and four grocery stores within a mile adds to the convenience. Additionally, strong value metrics underline its competitiveness in the market, making it a promising option for potential renters.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Middle school nearby
  • Less expensive
  • More space

Great for

  • Wellness

Highlights

  • conveniently located
  • clubhouse

Units

700 E Algonquin Rd Schaumburg, IL

New Listing

2106

1 Bed

1 Bath

$1,863

Listed on 10/22/2025
Listed by Cathleen Simboli
Days on market: 9
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bed/one bath first floor unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 and 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Short term leases avail. Pricing can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2309

1 Bed

1 Bath

$1,929

Listed on 10/22/2025
Listed by Cathleen Simboli
Days on market: 9
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

1212

1 Bed

1 Bath

$1,929

Listed on 10/22/2025
Listed by Cathleen Simboli
Days on market: 9
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2409

1 Bed

1 Bath

$1,954

Listed on 10/22/2025
Listed by Cathleen Simboli
Days on market: 9
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bedroom, one bath penthouse unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages available. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units avail. Short term leases available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Pricing can vary based on lease term & move-in date, subject to change without notice. Call or text listing agent for tour! Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2203

1 Bed

1 Bath

$1,983

Listed on 10/22/2025
Listed by Cathleen Simboli
Days on market: 9
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This one bed/one bath unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or enjoy a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness ctr with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 and 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Short term leases avail. Pricing can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2101

2 Beds

2 Baths

$2,539

Listed on 10/16/2025
Listed by Cathleen Simboli
Days on market: 15
Property Status: Active HALF MONTH FREE RENT ON SELECT 1 AND 2 BED UNITS WITH MOVE-IN BY NOV 15th ON A MIN 12 MONTH LEASE! Come see one of Schaumburg's newest luxury apartment & townhome communities! Urban style living in the heart of Schaumburg. This 2 bedroom/2 bath first floor unit features high end amenities including stainless steel appliances, granite countertops, in-unit laundry and walk-in closets. Spend your day lounging by the heated outdoor pool or barbecue on the gas grills. Relax by the outdoor firepit or play a game of billiards in the game lounge. Clubhouse features a kitchen, bar, lounge area & big screen TVs. Exercise on your schedule at the 24hr fitness center with on-demand exercise & yoga classes. Pets will enjoy the bark park & dog run. Parking is free and garages/attached heated garages avail. Award winning School District 15 & 211 Fremd High School. Elevator building. ADA/handicap accessible units available. Short term leases avail. Conveniently located near highways, Metra, Woodfield, Top Golf, restaurants & walking/biking trails. Prices can vary based on lease term & move-in date, subject to change without notice. Office Phone: (630) 886-8160 Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 700 E Algonquin Rd

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Fitness Center
  • Elevator
  • Swimming Pool
  • Residents Lounge
  • Outdoor Space
  • On-Site Laundry
  • Garage Parking
  • On-Site Management
  • Storage
  • Roof Deck
  • Wheelchair Accessible
Unit Amenities
  • Walk-In Closets
  • In-Unit Laundry
  • On-Site Laundry
  • Dishwasher
  • Air Conditioning
  • Carpet
  • Balcony
  • Ceiling Fan
  • Fireplace

Policies at 700 E Algonquin Rd

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 700 E Algonquin Rd

HomeHouses in Schaumburg 700 E Algonquin Rd #2309, Schaumburg, IL 60173, USA

Explore the comforts of home at 700 E Algonquin Rd in Schaumburg, IL. This 53-unit community offers 1 and 2-bedroom apartments, ranging from 725 to 1130 square feet. Residents enjoy a range of amenities, including a clubhouse, free parking, in-unit laundry, walk-in closets, stainless steel appliances, and granite countertops. Stay active with the on-site swimming pool and outdoor space. Additional conveniences include a dishwasher, elevator, garage, and on-site laundry facilities. With top-rated schools nearby, including an elementary, middle, and high school with A- or higher ratings, this property offers a great location. Note that this is a long-term rental community and is not pet-friendly.

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Address details

Units53
Units available6
City
Zip code60173

700 E Algonquin Rd #2309 is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • There are 4 grocery stores within 1 mile
  • On-site pool or spa

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 700 E Algonquin Rd, Schaumburg, IL 60173, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 mile away
Less expensive
Some rentals at this address are cheaper than similar listings nearby
More space
The 2-bedroom is 120 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Dishwasher
Kitchens at this address include dishwashers
Elevator
Improved accessibility features
Images available
There are at least 10 photos of this address
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 2 miles away
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Schaumburg

1-bedroom apartments here are priced 4% lower than 1-bedrooms in Schaumburg.

If you decide to upgrade your space, you can expect 2-bedrooms at 700 E Algonquin Rd #2309 to be 3% more than the average for similarly sized apartments in Schaumburg.

Median rents as of Oct 25 2025.
Schaumburg
A table of studio rental data trends in Schaumburg
MonthMedian Rent
November 2023$1,710
December 2023$1,614
January 2024$1,590
February 2024$1,589
March 2024$1,614
April 2024$1,865
May 2024$1,824
June 2024$1,813
July 2024$1,807
August 2024$1,844
September 2024$1,875
October 2024$1,937
November 2024$1,960
December 2024$1,923
January 2025$1,831
February 2025$1,842
March 2025$1,898
April 2025$1,883
May 2025$1,899
June 2025$1,909
July 2025$1,864
August 2025$1,864
September 2025$1,872
October 2025$1,889

Affordability calculator

Can I afford to live at 700 E Algonquin Rd?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$77,160/yr

With your selected rent-to-income ratio, you'd ideally want to make $77,160 annually to afford this 1-bedroom median monthly rent price of $1,929.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 700 E Algonquin Rd, Schaumburg, IL.
This month$2,2221 bed1 bath
This month$2,6512 bed2 bath
Last month$2,0351 bed1 bath
2 months ago$2,3381 bed1 bath
2 months ago$1,8661 bed1 bath
3 months ago$2,4001 bed1 bath
3 months ago$3,1242 bed2 bath
3 months ago$2,3211 bed1 bath
5 months ago$2,0721 bed1 bath

Schools near 700 E Algonquin Rd #2309

Hunting Ridge Elementary School

1105 w illinois ave

palatine, IL, 60067

K-6Public
A
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Getting around Schaumburg near 700 E Algonquin Rd

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 700 E Algonquin Rd, Schaumburg

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

2/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

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